AlphaMaven AlphaMaven

Stepful gets $55M, NewOrbit pulls $18.5M, and Future Standard snares $3B secondaries fund

Reported by Axios
Jun 8, 2026· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • Stepful, a medical worker training platform, secured $55 million in Series C funding led by Oak HC/FT, with participation from Foresite Capital, Hearst Ventures, Citi Impact Fund, and existing backers including Y Combinator and Intermountain Health, signaling continued institutional confidence in healthcare workforce development.
  • • NewOrbit, a U.K.-based very-low Earth orbit satellite developer, raised $18.5 million in Series A funding led by Voyager Ventures, expanding the commercial space infrastructure sector's funding momentum.
  • • Venture capital activity spans diverse sectors, including AI cost efficiency (PointFive: $60M Series B), insect agriculture (Innovafeed: €51M), autonomous systems (Clear Robotics: $1.75M pre-Series A), and emerging alternative asset classes (Edge Markets: $29.2M Series A for cryptocurrency-adjacent banking infrastructure).
  • • Healthcare and agtech represent sustained LP appetite, with medical training (Stepful), automated food processing (Marble Technologies: $30M Series A), and livestock technology (701x: $10M Series B) attracting multi-stage capital commitments.
Summary
The venture capital landscape continues to fragment across specialized verticals, with notable funding rounds announced across healthcare, space technology, and alternative finance sectors. Stepful, the medical worker training platform, emerged as a significant healthcare infrastructure play with a $55 million Series C led by Oak HC/FT. The funding syndicate reflects institutional healthcare-sector conviction, including participation from Foresite Capital, Hearst Ventures, and the Citi Impact Fund alongside existing investors Y Combinator, Intermountain Health, and ECMC Education Impact Fund. This raises questions about labor-force development in constrained healthcare markets and positions Stepful as a potential consolidator in credentialing and upskilling for critical occupations.

Parallel to healthcare, commercial space infrastructure continues attracting early-stage capital. NewOrbit, developing very-low Earth orbit satellite technology, closed an $18.5 million Series A led by Voyager Ventures. The round signals sustained investor appetite for satellite-based infrastructure despite broader space-sector capital concentration among larger players.

The broader funding round set demonstrates LP appetite across nascent and adjacent sectors. PointFive, an AI cost efficiency platform, raised $60 million in Series B from Accel, Salesforce Ventures, and others, reflecting sustained demand for enterprise software productivity gains. Edge Markets, positioning itself at the intersection of cryptocurrency and traditional banking infrastructure, secured $29.2 million in Series A, indicating selective venture support for regulated digital-asset intermediaries.

Agtech and automated food systems also attracted meaningful capital. Innovafeed, a French insect agriculture firm, closed a €51 million round from strategic investors including Temasek and ADM, while Marble Technologies raised $30 million for automated meat processing. These rounds suggest continued institutional conviction in food-production automation and alternative protein inputs as long-term secular themes.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Axios Stepful gets $55M, NewOrbit pulls $18.5M, and Future Standard snares $3B secondaries fund